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Broadpeak SA ( (FR:ALBPK) ) has shared an announcement.
Broadpeak SA reported a return to sales growth in 2024, achieving a revenue of €39.4 million, a 0.9% increase from the previous year. This growth was driven by a strong performance in the second half of the year, particularly in the EMEA region, and a favorable shift in the product mix towards Maintenance & SaaS, which rose by 22%. Despite a decline in equipment sales, the company achieved positive free cash flow and maintained its financial targets for 2027, supported by the success of their SaaS platform, broadpeak.io, and Dynamic Ad Insertion technology.
More about Broadpeak SA
Broadpeak SA is a leading provider of video streaming software solutions, focusing on offering advanced technologies for video delivery. Their primary products and services include Licenses & Services, Maintenance & SaaS, with a strategic emphasis on non-equipment revenues. The company operates globally, with a significant market presence in EMEA, Americas, and APAC regions.
Average Trading Volume: 5,127
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.54M
For a thorough assessment of ALBPK stock, go to TipRanks’ Stock Analysis page.